Last week, global stocks continued to rally, and U.S. stocks closed out a second straight winning month. Investors appear to be feeling increasingly optimistic as more economies around the world reopen after being shuttered due to the Covid-19 outbreak, and promising news of COVID-19 vaccine and treatment, in a near future. The rally was led …
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Last week, global stocks managed to close higher. Optimism over the reopening of the economies and some positive news about progress on vaccine trials, cancelled out the negative news around renewed China-U.S. geopolitical tensions, as China planned to impose a new security law on Hong Kong, followed by announcement of a probable delisting of Chinese …
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Last week, major global stocks erased most of the prior week's gain, as a result of disappointing economic releases and escalating tensions between U.S and China. President Trump said that he doesn't want to talk to Chinese President Xi Jinping right now and muses about eliminating the largest trading relationship in the world, amid coronavirus, …
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Major global indices finished higher last week, with technology and energy leading the way. Investors' focus shifted from latest company earnings, with the majority of companies in U.S. and Europe having reported figures that have been poorer than expected, and poor labour data, towards resumption of U.S.-China trade talk as early as next week....
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